INCOME TAXES	6 Months Ended
Aug. 01, 2015
INCOME TAXES
INCOME TAXES	9.INCOME TAXES The provisions codified within ASC Topic 740, Income Taxes (“ASC 740”), require companies to assess whether valuation allowances should be established against their deferred tax assets based on consideration of all available evidence using a “more likely than not” standard. In accordance with ASC 740, the Company maintained a full valuation allowance throughout fiscal 2014 and the 26 weeks ended August 1, 2015 on all of the Company’s net deferred tax assets. The Company’s deferred tax asset valuation allowance totaled $192,858, $171,126 and $161,856 as of August 1, 2015, August 2, 2014 and January 31, 2015, respectively. The Company recorded net income tax benefits of $238 and $397 for the 13 and 26 weeks ended August 1, 2015, respectively, which include $686 and $1,295 non-cash income tax benefits from continuing operations during the 13 and 26 weeks ended August 1, 2015, respectively. Pursuant to ASC 740, the Company is required to consider all items (including items recorded in other comprehensive income) in determining the amount of tax benefit that results from a loss from continuing operations and that should be allocated to continuing operations. As a result, the Company recorded tax benefits on the losses from continuing operations for the 13 and 26 weeks ended August 1, 2015, respectively, which are exactly offset by income tax expense on other comprehensive income. In addition, the net income tax benefits include $448 and $898 recorded in the 13 and 26 weeks ended August 1, 2015, respectively, for recognition of deferred tax liabilities associated with indefinite-lived assets. The income tax provisions of $447 and $895 recorded in the 13 and 26 weeks ended August 2, 2014, respectively, primarily reflect the recognition of deferred tax liabilities associated with indefinite-lived assets.

INCOME TAXES

6 Months Ended

Aug. 01, 2015

9.INCOME TAXES

The provisions codified within ASC Topic 740, Income Taxes (“ASC 740”), require companies to assess whether valuation allowances should be established against their deferred tax assets based on consideration of all available evidence using a “more likely than not” standard. In accordance with ASC 740, the Company maintained a full valuation allowance throughout fiscal 2014 and the 26 weeks ended August 1, 2015 on all of the Company’s net deferred tax assets. The Company’s deferred tax asset valuation allowance totaled $192,858, $171,126 and $161,856 as of August 1, 2015, August 2, 2014 and January 31, 2015, respectively.

The Company recorded net income tax benefits of $238 and $397 for the 13 and 26 weeks ended August 1, 2015, respectively, which include $686 and $1,295 non-cash income tax benefits from continuing operations during the 13 and 26 weeks ended August 1, 2015, respectively. Pursuant to ASC 740, the Company is required to consider all items (including items recorded in other comprehensive income) in determining the amount of tax benefit that results from a loss from continuing operations and that should be allocated to continuing operations. As a result, the Company recorded tax benefits on the losses from continuing operations for the 13 and 26 weeks ended August 1, 2015, respectively, which are exactly offset by income tax expense on other comprehensive income. In addition, the net income tax benefits include $448 and $898 recorded in the 13 and 26 weeks ended August 1, 2015, respectively, for recognition of deferred tax liabilities associated with indefinite-lived assets. The income tax provisions of $447 and $895 recorded in the 13 and 26 weeks ended August 2, 2014, respectively, primarily reflect the recognition of deferred tax liabilities associated with indefinite-lived assets.